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project info
Start date: 10 February 2025
End date: n/a
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 4 323 899,69 €
EU contribution: 3 675 314,74 € (85%)
programme
Programming period: 2021-2027
European Commission Topic
European Commission Topic

Business Development in the Functional Territory of Tukums City - Rūpniecības Street, Dienvidu Street, Tukums

The aim of the project is to develop the public infrastructure of business and increase the amount of private investments in the functional territory of Tukums city, revitalizing the Industrial Street area. The project provides for the regeneration of a degraded area and the arrangement of public street infrastructure, promoting environmentally friendly, sustainable territorial growth and creating preconditions for the creation of new jobs. It will be implemented in accordance with the Tukums Municipality Development Programme, providing investments that promote the development of entrepreneurship and sustainable economic growth.The planned project activities are aimed at the restoration of areas necessary for the conduct of entrepreneurship, but at the same time degraded, in which the development of public infrastructure intended for road traffic allows the placement of new companies and the expansion of existing ones. In order to promote employment and economic activity in the municipality, public infrastructure will be improved through the reconstruction of Rūpniecības Street and its connection street in Southern Street. The road track for Rūpniecības Street is approximately 1.76 km and for Southern Street 0.41 km. The following activities are envisaged for the implementation of the project: street rebuilding, author's supervision, construction supervision and publicity measures.The results to be achieved are: Merchants benefiting from the developed public infrastructure - seven; Wage fund increase in private companies - EUR 1 837 657.37; Private non-financial investments in intangible investments and fixed assets - 2 450 209.83 EUR. The total project costs are planned 5 227 145.95 EUR, where the total eligible costs 4 323 899.69 EUR, including co-financing from the European Regional Development Fund 3 675 314.74 EUR. Project activities are planned to be completed by 31 December 2029.

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